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monashees and Andreessen Horowitz Lead USD20m Series A for Brazilian Marketplace Inventa

23 January 2022

monashees and Andreessen Horowitz led a USD20m Series A for Inventa, a Brazilian marketplace connecting regional wholesalers with local retailers, with participation from Founders Fund, Tiger Global, Greylock, Greenoaks Capital and angels Hans Tung (GGV) and Carlos Garcia (Kavak), and follow-on from NXTP, ONEVC, MAYA Capital, Pear VC and Alter Global. Inventa raised a ~USD6m seed round in November 2021. 

(TechCrunch) – Inventa, a Brazil-based company offering a digital marketplace for small and medium-sized companies to discover and purchase new inventory, raised $20 million in Series A funding.

Andreessen Horowitz and Monashees co-led the round and were joined by Founders Fund, Greenoaks, Greylock, Tiger Global and angel investors Hans Tung and Carlos Gracia from Kavak. Also participating in the round were existing investors Pear VC, NXTP, ONEVC, MAYA Capital and Alter Global.

This fresh infusion of capital comes three months after the company announced $5.5 million in seed funding. And all of that for a company that started in March 2021.

Read more at TechCrunch.